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Russia Targets Major Surge in Natural Gas Exports by 2050

OilPrice

Russia expects its natural gas exports, including via pipeline and LNG, to jump twofold by 2030 and threefold to 2050 under its new long-term energy strategy approved by the government on Monday. Crude oil and condensate production is targeted to increase from 531 million metric tons per year, or 10.66 million bpd, by 2050.

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China’s ENN Energy valued at $11.6 billion in privatization offer

Oil & Gas 360º

(Oil Price) –Chinese gas and clean energy distribution firm ENN Energy Holdings Limited has been valued at around US$11.6 ENN Natural Gas currently owns 34.28% in ENN Energy. ENN Natural Gas and ENN Energy are two of the four listed firms within the ENN Group conglomerate, which was founded by Wang Yusuo.

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European Commission Proposes Law Ending Russian Gas, Oil Imports by 2027

Rigzone

Image by Cylonphoto via iStock The European Commission has proposed legislation to stop the importation of natural gas, oil and oil products from Russia into the European Union by 2027, betting on global liquefied natural gas (LNG) and increased regional infrastructure interconnectivity.

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Daily Energy Report

Daily Energy Report

March 29, 2025 Chart of the Day: EU Record LNG Imports from the US and Imports from Russia Decline Reuters: Exports of Russian Pipeline Gas to Europe Down 19% in March Month-on-Month, Data Shows Summary In March 2025, Gazprom's daily natural gas exports to Europe via the TurkStream pipeline dropped 19.4%

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Factbox-EU’s plan to phase out Russian gas by end-2027

Oil & Gas 360º

(Investing) –BRUSSELS -The European Commission will next month propose legal measures to phase out the EUs imports of all Russian gas and liquefied natural gas by the end of 2027, it said on Tuesday. Others, including Poland and the Baltic states, already stopped buying Russian gas.

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Daily Energy Report

Daily Energy Report

Chart of the Day EOA: EU’s Natural Gas Imports by Source in January 2025 Subscribe now Summary Figure (1) shows EU gas imports by source. came via pipeline, while 41.4% Norway is the largest exporter of gas to the EU at 31.8%, followed by Russia at 18.9%, the US at 18.2%, and Qatar at 14.9%. were LNG imports.

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EIA Lastest News – Product Prices & Pipeline News

The Energy Law

Since Wednesday, August 29, natural gas spot prices increased in most markets (exceptions were Florida and Rocky Mountain region). Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.81/MMBtu Natural Gas in Storage 3,005 Bcf UP 36 Bcf 10.4%